Revitalizing wage growth: Policies to get American workers a raise Brookings (2018-03-06)
One simple question-are wages rising?-is as central to the health of our democracy as it is to the health of our economy. Without rising wages, the dreams of American families to live in good homes, to support their fami .. more |
Deconstructing monetary policy surprises: the role of information shocks ECB (2018-03-06)
Central bank announcements simultaneously convey information about monetary policy and the central bank's assessment of the economic outlook. This paper disentangles these two components and studies their effect on the e .. more |
Bank Credit Supply and Firm Innovation ZEW (2018-03-06)
We analyze the causal effect of the credit supply shock to banks induced by interbank market disruptions in the recent financial crisis 2008/2009 on their business customers’ innovation activity. Using a matched bank-fir .. more |